President Donald J. Trump Is Committed to Women’s Economic Empowerment Around the World

By investing in women around the world, we’re investing in families, we’re investing in prosperity, and we’re investing in peace.President Donald J. Trump

PROMOTING ECONOMIC EMPOWERMENT FOR WOMEN: The Trump Administration is launching a historic initiative to empower women globally to fulfill their economic potential.

Today, the Trump Administration launched the Women’s Global Development and Prosperity (W-GDP) Initiative, the first-ever whole-of-government approach focused on advancing women’s full and free participation in the global economy.

Through the W-GDP Initiative, the Administration will seize on the significant opportunity that promoting women in the economy represents for boosting global gross domestic product.

The aim is to reach 50 million women across the developing world from the start of the Trump Administration in 2017 to 2025.

The President signed a National Security Presidential Memorandum and directed the U.S. Agency for International Development (USAID) to allocate an initial $50 million for the new W-GDP Fund.

The W-GDP Initiative will have three pillars of focus:

Helping women to prosper in the workforce by improving women’s access to quality education and skills training;

Continuing efforts to fund and support women’s entrepreneurship and access to capital, markets, technical assistance, and mentorship; and

Working to identify and reduce the policy, legal, and regulatory barriers to women’s participation in the global economy and promote improved practices.

SUPPORTING OPPORTUNITIES TO ENSURE GLOBAL STABILITY: When women are empowered, they spur economic growth and help create stable societies.

Everyone benefits from the growth and stability that economically empowered women add to the global economy:

When women are empowered economically, they invest in their families and communities, spurring economic growth and creating more stable societies.